YEARLY HIGH
0.0358 ANG
YEARLY LOW
0.0282 ANG
YEARLY AVERAGE
0.0329 ANG

2020 MKD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0358. Conversely, the yearly low was recorded on February 9, dropping to 0.0282.

This high-to-low spread represents a total annual volatility of 0.0076 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0301 to the December average rate of 0.0355, the exchange rate registered a net change of 17.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0358 was up 3.15% compared to the 2019 peak of 0.0347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 179 ANG
2019 Average 163 ANG
Yearly Trough Low 141 ANG
Transaction Impact: A difference of 38.08 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0360
0.0295
JanuMarcMayJulySeptNove

MKD to ANG Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0315, compared to 0.0344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0315
H2 Avg (Jul–Dec) 0.0344

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0037 ANG (High: 0.0319 / Low: 0.0282). On the other end, October was the most stable month, with a tight range of 0.0005 ANG (High: 0.0346 / Low: 0.0340).

February Spread (Volatile) ±0.0037
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0355) against the same month in 2019 (average: 0.0307), the exchange rate shifted by +0.0047 (+15.35%).

2020 Avg (December) 0.0355
2019 Avg (December) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0309 0.0293 0.0301
February 0.0319 0.0282 0.0305
March 0.0332 0.0310 0.0321
April 0.0319 0.0313 0.0316
May 0.0324 0.0314 0.0318
June 0.0331 0.0324 0.0328
July 0.0345 0.0327 0.0334
August 0.0348 0.0342 0.0344
September 0.0347 0.0339 0.0343
October 0.0346 0.0340 0.0343
November 0.0348 0.0339 0.0345
December 0.0358 0.0349 0.0355